“Our source in the Bay Area, has informed us that Apple’s release date for OS X Mountain Lion is Thursday, July 19, 2012,” E. Werner Reschke reports for T-GAAP.

“pple intends to stick to an annual update cycle which continues to make Microsoft’s OS release schedules looks slow if not pointless,” Reschke reports. “July 19th’s release date would be 364 days since OS X Lion’s release (July 20, 2011).”

Read more in the full article here.